samplegirl
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 06:52 AM
Original message |
Total Heartquake as we sit and watch our 401K's |
|
just evaporate. Just when you thought that you would at least have a little nest egg after retirment. Worked your ass off most of your life... and now not even your 401K for a little back-up.
Just the thoughts of even a modest life-style just shattered. Bush should of never had a second term...and I really think impeachment should of never left the table.
To every Republican peice of shit that took us to this realm... may you never have a moment of peace.
|
mattvermont
(428 posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 06:58 AM
Response to Original message |
1. do'nt sell at the panic |
|
you have not lost a dime until you sell.
|
samplegirl
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:00 AM
Response to Reply #1 |
|
and will probably never live long enough to recover it.
|
RobertSeattle
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:10 AM
Response to Reply #1 |
3. It is so frustrating though - the price is set by the most recent panic-er |
|
So even though millions of people are holding their stocks, the value plumments due panic driven pricing.
|
Marrah_G
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:10 AM
Response to Original message |
|
You haven't lost anything unless you sell. The market will turn around.
|
NNN0LHI
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:12 AM
Response to Original message |
|
It appeared magically and now it has disappeared magically.
I feel your pain.
Don
|
C_U_L8R
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:14 AM
Response to Reply #5 |
7. Actually it wasn't so easy come |
|
it took a heck of a lot of work
|
aquart
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:12 AM
Response to Original message |
6. I am so sorry. You did everything right and lost. |
|
They did everything wrong and we aren't allowed to hang them.
|
samplegirl
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:15 AM
Response to Reply #6 |
|
fore-guessing the future.
|
chimpymustgo
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:16 AM
Response to Reply #6 |
9. You said it. No retirement for us peons. We'll be lucky to be greeters at WalMart. |
samplegirl
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:23 AM
Response to Reply #9 |
10. More like a granny with a gun! |
Sal Minella
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:27 AM
Response to Reply #6 |
cobalt1999
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:25 AM
Response to Original message |
11. Unless you were planning on using your 401K in the next three years, you'll be fine |
|
I feel for those living off their 401K right now, but it's all paper gains/losses until you use it.
|
spinbaby
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:28 AM
Response to Reply #11 |
13. Boomers are about to retire |
|
The first of the boomers are just now hitting retirement age. I'm not quite there yet, but close enough that I'm looking at this in dismay and imagining I'll be working forever.
|
samplegirl
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:45 AM
Response to Reply #13 |
|
and would like at sometime in my life just one vacation before I die.
|
RebelOne
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 07:49 AM
Response to Reply #11 |
15. I won't be fine. I wanted to retire by the first of next year. |
|
I am 69 and still working full-time. I was hoping to have enough built up in my 401K and IRA to retire, but looks like I'll be working until I die. I am also collecting social security, but I sure couldn't solely live off that.
|
lonestarnot
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 08:21 AM
Response to Reply #15 |
18. Well just how mad are you? |
HughMoran
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 08:18 AM
Response to Original message |
16. The big job cuts are still to come |
|
I'm going to be left up the creek without a paddle. I just know I'm gonna get canned while my assets are at their lowest point. I've never in my life cried about my financial situation and the future of my children, today was the first time. I can't take this any more. :cry:
|
lonestarnot
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 08:20 AM
Response to Reply #16 |
17. Hang on! You can share my tent! |
HughMoran
(1000+ posts)
Send PM |
Profile |
Ignore
|
Fri Oct-10-08 08:25 AM
Response to Reply #17 |
|
:pals: I was just having a second bout of the weepies. God this sucks.
|
DU
AdBot (1000+ posts) |
Tue May 07th 2024, 01:28 PM
Response to Original message |